Dollar getting weaker

According to an article by CNN currency experts are now saying that before the dollar can recover from its apparent downfall, that is has more falling to go. A sad story for the US Dollar, a good story for our fellow Europeans who take vacations in the United States.

Probably the most alarming piece of information from the article is the fact that the US dollar has fallen to an all time "psychological" low against the EURO of $1.50. By mid 2008 is when economists say the dollar should bounce back...only a little though.

The economic stimulus package should provide some relief as well as foreign investment from the weak dollar. Nobody really knows what the dollar will do after next year. If anyone is familiar with the Amero, then perhaps it could be the solution if the economy really takes a hit in the years to come.